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Total Unsecured Debts £	Please select............ £0 to £3,000 £3,000 to £5,000 £5,000 to £10,000 £10,000 to £15,000 £15,000 to £20,000 £20,000 to £25,000 £25,000 to £30,000 £30,000 to £35,000 £35,000 to £40,000 £40,000 to £45,000 £45,000 to £50,000 £50,000 to £60,000 £60,000 to £70,000 £70,000 to £80,000 £80,000 to £90,000 £90,000 to £100,000 £100,000 or more	Your Name
Total Monthly Repayments £	Please select............ Up to 100 200 250 300 350 400 450 500 550 600 650 700 800 900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2000 2100 2200 2300 2400 2500 2600 2700 2800 2900 3000	Your Telephone
Your Income and Outgoings		Your Email
Total Monthly Income £
Total Monthly Outgoings £

 

Creditors Petition

Creditors Petition

If a creditor(s) is owed more than £750 and they are not receiving payments form you, they may petition for your Bankruptcy.
Your creditors can also join debts together to meet the £750 criteria in order to apply to make you bankrupt.

Bankruptcy Proceedings usually occur at your local county court that has Bankruptcy jurisdiction.

Under what circumstances can a creditor make you bankrupt?

Creditors can make you bankrupt if:

• Your debt is unsecured
• it is for a fixed sum which you (the debtor) seem 'unable to pay'

For more information on Creditors Petitions you can contact us at Debt Solutions or alternatively contact your local court.

Bankruptcy Questions...

• What is Bankruptcy?
• What will happen to your House?
• What will happen to your Pension?
• What will happen to your Bank Account?
• Can your Bankruptcy be Cancelled?
• How to Avoid going Bankrupt?

How to Avoid Bankruptcy

Click here to learn How to avoid going Bankrupt using our bankrutpcy alternatives.

About Debt Solutions

We have been helping people with their finances since 1932 and have helped 1000's of people deal with the misery and stress of debt. 

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